Part 12ASale and lease-back etc

F1Chapter 3Leased trading assets

Relief: restriction and carrying forward

681CDLong funding finance leases

(1)

This section applies for the purposes of section 681CC.

(2)

A payment must be excluded so far as, in the case of the lessee, it is to be regarded in accordance with Chapter 6A of Part 2 of CAA 2001 as a payment under a lease which is a long funding finance lease for the purposes of that Part.